News

Sesame plans to shut its Financial Adviser School as part of its wider restructuring, it has said in its latest letter to advisers.

Neil Woodford's Patient Capital trust has raised £800m during its offer period, a record for a London-listed investment trust.

The Association of Professional Financial Advisers (APFA) has called on the regulator to issue clear guidelines on adviser liability when handling pension transfers involving 'insistent' clients.

The chairman of struggling overseas property investment scheme Harlequin is under fire again, this time for failing to give evidence to a court within the judge's deadline.

Wealth manager Towry has been forced to spend a further £3.7m to deal with issues the regulator has with the business, following a quadrupling of the expenditure last year.

A law firm has launched a complaint investigation service for advisers to help them head off grievances before they reach the Financial Ombudsman Service (FOS).

Investment data and research firm FE Trustnet is to launch a passive funds ratings system for retail investors, ranking ETFs and index trackers alongside each other for the first time.

David Cameron plans to offer up to £4bn worth of Lloyds shares to retail investors if the Conservatives win the general election.

Wealth management group is close to launching online services for clients, according to a report in the Financial Times.

Ros Altmann is to be nominated as a Conservative peer and will be made a minister with responsibility for consumer protection if the party wins next month's general election.